Usually when I take a journey into the comment boards on Yahoo news articles, it’s like sliding into quicksand. It actually only seems like it’s going to kill you, and after a long time you can find your way out.
But sometimes there’s some good stuff that comes out of it.
So when I saw ‘US launches probe into weight loss company Herbalife’ a few days ago, it was hard to stay away.
Full disclosure: my wife and I cut our teeth in the home business industry as Herbalife distributors in 1999. We walked away from it as a business decision. But we both still have a lot of love for the company and many of the people in it.
And yes, we were successful in Herbalife. We made a lot of money and continued to collect commission checks seven years after we stopped building it.
And yes, that is much more the exception than the rule. There are very few businesses that have long term success rates. That goes for network marketing, franchises, corner restaurants, and eBay and Etsy stores.
A small part of that is the marketing and distribution plans.
A larger part is the work ethic and prosperity consciousness that goes into it.
I’m laughing as I type this. I can feel my back hairs raising and gearing up for a debate. Only no one is here to debate with!
Besides, I stopped that argument years ago. If they need convincing, I don’t want ’em!
And that goes for coaching, training and book sales as well. Just paint the picture, get in front of enough eyeballs, and let the right ones show up.
The story itself is about a possible FBI investigation into Herbalife’s business practices, and whether or not it is an illegal pyramid scheme. Bear in mind, this is old news. Herbalife, and pretty much every major network marketing company has end consumers who do not want to get into the business. And it is possible to operate a distributorship simply as someone who moves volume, not sponsors others.
Again…old news. The difference this time is a gentleman named Bill Ackman is attempting to short the stock and drive Herbalife out of business. This isn’t speculation. He has publicly stated this is his intention.
The interesting part is what some of the people who commented are saying. I’ll let them speak for themselves…
“The only people that sell this garbage are bottom dwellers looking to take advantage of overweight people. I hope they throw the book at these frauds!”
“Is Herbalife a pyramid scheme? Is the Pope Catholic? The only real question is why didn’t the Feds shut them down decades ago?”
“ANYBODY who has ever Dealt with Herbalife can tell you its one of the Biggest & Best Scams the Mormon Church have ever created . Run , if the first thing Shysters do is ask for your Credit Card Number or your Checking Account Number !!!!!”
“There are PLENTY of MLM companies that are legitimately changing the lives of those BRIGHT enough to get involved AND to use ethics within their business to grow a successful team with honest hard work over 3-5 years instead of barely making ends meet pay check to pay check working for some CEO who sits at the top getting paid off of your work! Wait, isn’t that a “pyramid scheme”?”
“Herbalife, Market America, Nu Skin, Quixstar, etc etc.. They are all pyramid scams. I have so many people I know that was victim to it and They try to convince me to join, but I was smart enough not to. Now, they regret joining because they wasted money and time. These scams need to stop feeding #$%$ to desperate people.”
“The Gov’t made these same charges, & investigated the *cough, cough* out of this company back in the ’70s…they did not find anything then & I doubt they will find anything now.
What this all boils down to, is that Herbalife is making more $$$$$$$$$$$$$$$ than any 6 members of congress combined….congress does not like that…”
“Let me get this right in my mind America….The Feds are worried that Herbalife is running a Pyramid scheme yet they let the vampires at Wall street get away, every single day, of much worse? So this news posts is to what…get our minds of the real crooks? The real crooks being Wall street and the main stream media that glorifies them. Way to go Yahoo. And to the American sheeple.”
“Herbalife IS a pyramid scheme. They run their ads and never say who they are. They want something like $300 up front before they even tell you who they are. The founder killed himself for a reason.”
“Now, I am not a Herbalife representative just to clarify. However, what I love most about reading all of these comments is that most people who are on here ranting about how this is all one big “pyramid scheme” are the same people who wake up every morning to go work for a boss who tells them when to show up, what to do, when to #$%$, and when to go home. Look at your job and I dare you to tell me it is not a pyramid. You got your CEO.”
“The only reason Herbalife is not an outright pyramid or ponzi scheme is because there are products that change hands. Products that are nothing but panacea, a placebo.”
“Most sales people are bullshters anyhow, and I could not sell life insurance to anyone even if we were on a ship that was going to sink out in the middle of the ocean! I am not a liar! LOL”
“Duuuhhh!!! I knew it’s a pyramid when attended their distributors meeting 20 years ago and I was around 20 years old desperately looking for a job but smart enough not to take a bait. Should I apply for a position in FTC and/or SEC? I’m sure I can crack companies like that in much less time.”
“It must nice to be rich and own Senators, the way Ackman does. If I did, I’d have the my boys launch an investigation of the obvious price collusion on gasoline prices.”
And finally, because I didn’t find the strength to resist, my comment…
“Everyone’s got an opinion about MLM. Great My opinion about it is that an ethical one with a transparent marketing plan and a value added product or service is the best way to move someone with ambition from poverty to wealth. I know, because I am one of those people. But if you don’t like it, fine. A good sponsor doesn’t need to convince anyone.
But whatever your opinion is, show me the illegality. Anyone who is mouthing off about Herbalife….show me what they’ve done that violates any law. This company has been more closely scrutinized than pretty much any company you can name, MLM or otherwise. And no one has ever proved any criminal wrongdoing. Yes, they’ve settled a few claims…and show me any company that’s been around for 34 years that hasn’t.
If you don’t like MLM, don’t be a part of it. But if you want to make something good happen in your own life, stop worrying about what everyone else is doing and start taking responsibility for your own situation.”
I figured there would be enough members of the Peanut Gallery who want to make everyone else responsible for their failure to fill up several comment boards.
So it was nice to see a mix of malcontents, along with people who are tired of the status quo, of looking for someone or something outside themselves to bail them out. There will always be a little bit of everything and everyone.
And like I said, if MLM isn’t your cup of tea, that’s fine.
I really don’t think it’s for everyone, and we need all kinds of people and professions to make things go.
But regardless of where your career takes you, it’s really fun to be in charge of your own emotions, and your own life.
Have you had experiences in Herbalife or any other network marketing company?
Do you think it is a legitimate business model?
Did you grow from it…personally, professionally or financially?
Please…comment and share.